American Manufacturing Slows for 9th Consecutive Month

The American manufacturing sector contracted for the ninth month in a row during November as it faced flagging order volumes, higher-priced inputs and cost pressures related to the United States government’s tariff policies. That’s according to the Institute for Supply Management’s (ISM) purchasing managers index (PMI) report, which registered 48.2 percent last month—a 0.5 percent decrease from the 48.7 percent seen in October. More from Sourcing Journal New orders fell for a third consecutive month in N ...